Latest news with #Torm
Business Insider
11 hours ago
- Business
- Business Insider
Torm (TRMD) Gets a Sell from Kepler Capital
Kepler Capital analyst Axel Styrman maintained a Sell rating on Torm on August 15 and set a price target of DKK92.00. The company's shares closed last Friday at $20.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Styrman is an analyst with an average return of -5.5% and a 37.50% success rate. Styrman covers the Energy sector, focusing on stocks such as Frontline, Euronav, and Torm. Currently, the analyst consensus on Torm is a Hold with an average price target of $19.04. TRMD market cap is currently $2.03B and has a P/E ratio of 6.00.
Yahoo
3 days ago
- Business
- Yahoo
Why Torm Stock Popped Today
Key Points Torm reported second-quarter 2025 financial results this morning before the market opened. The company beat analysts' bottom-line estimates for Q2 2025. Management upwardly revised 2025 EBITDA guidance. 10 stocks we like better than Torm Plc › Sailing higher throughout the week, shares of tanker stock Torm (NASDAQ: TRMD) are extending their upward trend today. The company reported second-quarter 2025 financial results today as well as updated 2025 guidance, and investors are eager to click the buy button as a result. As of 10:41 a.m. ET, shares of Torm are up 7.7%. Management sees calm seas through the rest of 2025 Reporting revenue of $315.2 million, Torm beat analysts' profit estimates. Whereas the consensus was that the company would report earnings per share (EPS) of $0.57, Torm posted $0.60 EPS for Q2 2025. But investors are likely more focused on what management had to say about the remainder of the year than its report on the recent quarter. For 2025, management projects time charter equivalent (TCE) earnings -- an industry metric that measures the vessels' profitability -- of $800 million to $950 million, an upward revision from the earlier 2025 TCE guidance of $700 million to $900 million. In addition, the company projects earnings before interest, taxes, depreciation, and amortization (EBITDA) of $475 million to $625 million, instead of the previous guidance of $400 million to $600 million. Is now a good time to dock Torm stock in your portfolio? For those who have Torm stock on their radars, the likelihood is that it's there due to the company's generous dividend. Currently, the distribution represents an ultra-high forward yield of 8.4%. But before investors rush to pick up shares of Torm, it's important to note that the quarterly dividend varies considerably, and over the past three years, it has steadily declined. For those seeking a reliable passive income stream, Torm stock doesn't fit the bill, but for those with a higher risk tolerance and who are comfortable with the lack of certainty in the quarterly payout -- though it has the potential to be generous -- Torm stock may warrant a closer look. Should you buy stock in Torm Plc right now? Before you buy stock in Torm Plc, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Torm Plc wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,113,059!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Torm Stock Popped Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
